NL International News Briefs
telecom | 10/08/2002 4:00 am EDT
WorldCom severance payments approved by bankruptcy courtThe U.S. Bankruptcy Court in Manhattan has agreed to let WorldCom Inc. disburse US$36 million in severance payments. Despite earlier concerns they would get less than they were eligible for (NL, Aug. 13/02), 4,000 laid-off workers will receive an additional US$9,000 on average. Florida utility restructures its utel division, postpones Tier 2 rolloutFlorida Power and Light Company is restructuring its wholesale telecom and energy branches. The utility is lowering growth expectations for FPL FiberNet and will postpone rollout in Tier 2 markets in the state. High-speed cable hits 10 million American customers…The National Cable & Telecommunications Association reports that there are over 10 million high-speed cable Internet customers in the United States. That is a 1,000-fold increase from the numbers at the end of 1996, the NCTA notes. …But not everyone is willing to pay for high-speed serviceMost American families live in regions where high-speed Internet
...